Brookfield to buy Watermark Lodging Trust for $3.8bn
Brookfield Asset Management is acquiring Watermark Lodging Trust, a self-managed non-traded real estate investment trust(REIT) with a portfolio of lodging assets, for $3.8 billion. Watermark Lodging...
VICI Properties completes acquisition of MGM Growth Properties
VICI Properties has completed its previously announced acquisition of MGM Growth Properties (MGP) for $17.2 billion. Simultaneous with the closing of the MGP acquisition,...
LaSalle launches €500m pan-European urban hotel investment strategy
LaSalle Investment Management has formed a strategic partnership with Numa Group, a European technology-driven alternative accommodation operator, to launch a €500m pan-European urban hotel...
Joint venture pays £130m for Hilton London Olympia
A joint venture between Frogmore and C1 Capital has announced the acquisition of three hotels in the UK for £152 million. The joint venture acquired the Hilton London...
Tristan fund buys majority stake in Point A Hotels platform
Tristan Capital Partners’ latest opportunistic fund European Property Investors Special Opportunities 6 (EPISO 6) has formed a partnership with Queensway to acquire a majority...
H.I.G. Realty provides £76m financing to Shiva Hotels
H.I.G. Realty, an affiliate of H.I.G. Capital, has provided £76 million mezzanine financing to Shiva Hotels, backed by a portfolio of prime hotel assets in...
Hines, Accor announce plans for hotel in MilanoSesto
Hines and Accor have announced plans for a hotel at MilanoSesto, the largest urban redevelopment project in Italy and one of the biggest in...
Covivio signs MoU with B&B Hotels for 31 properties in France
Covivio, through its subsidiary Covivio Hotels, has signed a memorandum of understanding(MoU) with B&B HOTELS for the takeover and sale-lease of 31 hotel operating...
Hyatt, Hilton suspend development activities in Russia
Hyatt Hotels Corporation and Hilton Worldwide Holdings said they would suspend the development activities in Russia in response to the invasion of Ukraine. Hyatt has...
DFI, CELLS Group acquire Berlin hotel for €116m
Deutsche Finance International (DFI) and CELLS Group have acquired the 32,000 sq m Sheraton Berlin Grand Hotel Esplanade from Archer Hotel Capital and Event...